Today’s decline was steady and methodical. A decline to 34,349 in the futures market is needed to close a gap created at the open on March 19, 2022. Preliminary daily engrbytrade™ calculations indicate the Dow is expected to continue moving higher going into May. In addition to this an accumulation of large block trades was noted on April 14, 2022 and April 18, 2022.
Intermarket structural analysis research